Homes for Sale in Clearfield, Utah

Clearfield’s residential market remains attractive for buyers, with the median closed price at $397,000—about $113,000 less than the Utah median of $510,000. Despite a 22.2% price gap, the market showed a sharp 36.1% month‑over‑month price increase, and properties are moving quickly, averaging 50 days on market versus the state’s 79 days. The sale‑to‑list ratio of 99.5% and a high proportion of listings under contract (19 of 30 single‑family homes) underscore solid demand, especially for single‑family homes whose median price is $414,900 and average size is 2,024 sq ft. On the macro side, 30‑year mortgage rates have edged up in the last 30 days to 6.42% after a six‑month dip to a low of 6.06% in March, aligning with recent news that rates are still near a three‑year low but beginning to rise. Unemployment remains stable (Utah 3.6%, US 4.4%) and consumer sentiment holds steady around 56, while housing starts and permits have plateaued, suggesting no imminent surge in supply. Together, these factors keep the market in a “warm” regime—demand outpacing supply, but rising rates may temper price acceleration in the near term.